KUALA LUMPUR: Bumi Armada Bhd
's wholly-owned subsidiary Bumi Armada UK Limited has inked an engineering, procurement, construction, installation and modification agreement with EnQuest Heather Limited for the provision of a flare gas recovery system on the Magnus platform located in blocks 211/12a and 211/7a of the UK North Sea.
It said in a stock exchange filing the agreement is expected to be carried out over about four years with an estimated contract value of GBP50mil (RM282.68mil).
